Convert Bulgarian Lev to Peruvian Nuevo Sol
Please provide values below to convert Bulgarian Lev [BGN] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Bulgarian Lev.
How to Convert Bulgarian Lev to Peruvian Nuevo Sol
1 BGN = 0.468729797340979 PEN
Example: convert 15 BGN to PEN:
15 BGN = 15 × 0.468729797340979 PEN = 7.03094696011468 PEN
Bulgarian Lev to Peruvian Nuevo Sol Conversion Table
Bulgarian Lev | Peruvian Nuevo Sol |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.